RECOGNIZING THE LEADERS OF YOUR INDUSTRY

RECOGNIZING THE LEADERS OF YOUR INDUSTRY

RECOGNIZING THE LEADERS OF YOUR INDUSTRY

The 4th IPF Industrial Excellence Awards 2019

After the grand success of last year, Industrial Products Finder (IPF), India’s largest circulated industrial magazine, in its 47th year, is hosting the 4th IPF Industrial Excellence Awards 2019. With the ultimate motive of appreciating and acknowledging the fastest growing manufacturing companies as well the companies which manufacture products that meet the standards of ´Product Excellence´, IPF invites you to nominate your products in their respective categories. 27 SMEs from 18 different cities won this prestigious award last year.

Testimonials

A heartfelt thank you to IPF. I am honored to receive the IPF Industrial Excellence Awards 2017 on behalf of ILS team. It will be a milestone for us in journey towards the excellence. We believed that innovation is the key element to achieve excellence.

Yogesh R Patel

Thanks a lot for giving this IPF Industrial Excellence Award to my product & company. I am truly obliged for this great honour and recognition given to us by the IPF Team and Jury Member. It is great feeling & energy booster to small scale industry (SSI) owner like me on being rewarded for his hard work.

Moreshwar Abhyankar

Awards are the ultimate motivation any organisation needs to excel. We are very fortunate to have been encouraged every year to give our best to the world. Thanks to all our customers & dear Elmeasurians.

Babu T K, CEO, Elmeasure India

We are happy to win IPF Industrial Excellence Award. Our vision is to have a national brand with world class manufacturing! We have been expanding our business every year and will continue to do so for years to come.

Harish Kumar Gupta, Chairman, Bella Casa Fashion & Retail Limited

Winner of IPF Fastest Growing Companies Award 2017 (Textile category)

It is being a great initiative by IPF to empower, enhance & enrich by recognising efforts of startup companies like us and their entire team, where innovative concepts are contributing towards the development of Indian economy and creating sustainable earning opportunities for mass.

Dilip Changela, Managing Director, Vishal Bearings Ltd

To win this award from IPF, the magazine that I admire so much, makes me totally happy and grateful.

Lt Cdr John Livingstone, Founder CEO, Johnnette Technologies Pvt Ltd

winner of IPF Product Excellence Award (in Special Mentions category)

We appreciate IPF for acknowledging our M-stak block as eco friendly product and also better alternative to traditional wood. IPF is the only magazine which promotes such innovations. This kind of appreciation inspires us to continuously develop eco-friendly and innovative products.

Paras Shah, Managing Directors of Monarch Corporation

The IPF Award is the recognition of our efforts to create a world class organisation that manufacture best quality products adhering to best industrial practices. Our investments in product innovation and R&D have yielded fruitful results.

Richi Bansal, CEO, Rama Steel Tubes Ltd

I would like to thank entire Grind Master Team for working relentlessly to deliver world class products like robotic fettling & deflashing which has revolutionised foundry industry. I would also like to thank Industrial Products Finder (IPF) for recognising the innovation and our contribution towards industry.

Mohini Kelkar, MD, Grind Master Machines Pvt Ltd

winner of IPF Product Excellence Award (in Machine Tools category)

I on behalf of Singer India accept with humility the IPF Industrial Excellence Award honoured on us by the Jury in the category of fastest growing company in FMCG & Consumer Durables segment. We still feel that we have a long journey to accomplish and this recognition would boost our efforts in that direction.

Rajeev Bajaj, Managing Director, Singer India Ltd

Magazines such as Industrial Products Finder (IPF) are a huge help in assisting R&D find their requirements. IPF has found yet another way of companies to be on fast track by creating a competitive environment and encouraging deserving companies with awards. We are very glad to be associated with IPF activities.

Dr Sridhar Ganesan, MD, Caplin Point Laboratories Ltd

Fineotex is delighted to win an award at the 2nd IPF Industrial Excellence Awards 2017. It is the acknowledgement of our DNA of quality and commitment. We accept this award with sincere gratitude. The award gives us a sense of realisation of our Vision and drives us to pursue higher goals in our future endeavours.

Surendrakumar Tibrewala, CMD, Fineotex Chemical Ltd

I am elated to receive this prestigious award from ASAPP Info Global Group. I consider this award a recognition for the pioneering work in material processing being carried out by our organisation, STEER. I am sure that the IPF Industrial Excellence Awards already in its second year will encourage and motivate many organisations to raise the bar for more years to come.

Dr Babu Padmanabhan

MD & Chief Knowledge Officer of STEER Engineering and winner of IPF Personality of the Year Award 2017

Thank you on behalf of my company for selecting for this award. You have given us a platform where our hard work and strength is awarded and exhibited to the capital market. We are looking forward for a bright future for our company. Now, we feel that finances should not be a constraint in our growth. We assure our performance will be better in future.

Ramesh Arora, MD, Kwality Pharmaceuticals Ltd

We are pleased to receive the prestigious IPF Industrial Excellence Awards this year. This award is recognition of our ability to deliver high quality innovative products backed by our strong R&D platform. This award reinforces our faith in ourselves and motivates us to achieve more.

IPF Industrial Excellence Awards 2016 - Winners

IPF Industrial Excellence Awards 2016 - Inauguration

Partners

Gold
Partner

ECGC, a premier Export Credit Agency (ECA) of Government of India (GOI) established in 1957,
provides credit insurance covers to exporters against non-payment risks by the overseas buyers
due to Commercial and Political reasons. It also provides insurance covers to banks against risks in
export credit lending to the exporter borrowers. ECGC endeavors to support Indian Export Industry
with its experience, expertise and underlying commitment to progress and advance of India’s
exports.

ECGC being one of the oldest ECAs in the world has been playing a crucial role in insuring the
export receivables and lending to exports. The exemplary service rendered has been validated by
the best ECA award won in 2017 against competition from older and larger ECAs.

The Corporation had 34,740 covers in force with a Maximum Liability of Rs.96,101 crore as at the
end of the year on 31.03.2018. The total export supported during the FY 2017-18 comes to
Rs.6,41,449 crore which is around 33% of the total exports of the country. It is notable to observe
that out of around 20000 exporters benefited by ECGC’s covers, more than 85% are MSME
exporters.

ECGC promotes both Short Term (ST) exports (i.e. export realization within one year) and Medium
and Long Term (MLT) exports (i.e. export realization extending over a period of more than one
year). Covers issued to exporters and/or banks based on requirements to enable successful export.

Under ST Policy, i.e. cover to receivables of exporters, 11946 polices were in force which covered
a value of Rs.1,77,349 crore. The major coverage has been to Europe and North America for high
risk transactions like open delivery and longer credit periods. Major sectors covered were
employment intensive sectors like Engineering Goods, Cotton, Textiles and Readymade Garments.
Total numbers of overseas buyers on record were 5,12,000 and live buyers on whom overall limit
set was 1,27,847.

Under ST Export Credit Insurance for Banks (ECIB) lending risk in extending pre and post shipment
advances are covered. The systemic role of ECGC in the context of Working Capital lending to
exporters has never been more pertinent than in the present stress scenario in the banking
industry. The total numbers of accounts covered were more than 22,600. In all 33 banks covering
more than 4000 branches had been supported in lending to exporters. Here again export advances
to employment intensive sectors were predominantly covered.

Under Medium and Long Term (MLT) more than 190 covers have been issued to 40 Exporters
covering a business of Rs.7,416 crore. The Corporation also manager NEIA Trust of Govt. of India
established in 2006 for the purpose of promoting MLT exports. Under NEIA 110 projects are
supported in 38 countries through 177 covers. Exports of Rs.28,800 crore are supported through
ECGC and Rs.14,700 crore through buyer credits.

The gross claims payout during the year exceeded that of gross premium income owing to the
landmark settlement of claims to banks. The total claims paid during the year to both banks and
exporters have been at the highest ever at Rs.1283 crore. In addition, provisions of Rs.6000 crore
have been set aside for future payouts. The company’s contribution in the last decade by way of
claim settlements of around Rs.7000 crore has provided the much needed support to exporters and
relief to banking system in ensuring adequate lending to exporters. Despite this huge stress, a profit
of Rs.130 crore before tax with a dividend of Rs.15 crore to Government of India (GoI) has been
concluded. The investment asset level of the Company was over Rs.8800 crore as at the end of the
year.

In order to recognize the contribution of Indian exporters, an exporters’ awards function was held in
New Delhi on 6 th March, 2018 at the conclusion of Diamond Jubilee celebration wherein 30
exporters were honored. A chronicle of ECGC’s 60 years journey was also released on this
occasion by Hon’ble Commerce &; Industry Minister.